Active Open Sunday 07/26 12 PM-2 PM

18 Sylvan Road

Lake Peekskill, NY 10537

$689,000 $2,904/Mo

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Overview

Bed

Bath

0.62

Acre(Lot)

Description

Legal Two-Family | Income-Producing Opportunity | Sweeping Year-Round Views of Junior Lake Rare opportunity to own a beautifully maintained legal multi-unit home in the sought-after Lake Peekskill community of Putnam Valley. Whether you're an investor looking to generate rental income, an owner-occupant hoping to offset your mortgage, or a buyer seeking flexible multi-generational living, this versatile property offers the perfect blend of income potential, comfort, and natural beauty. The main residence welcomes you with a bright, thoughtfully designed floor plan featuring a formal dining room accented by a custom wood ceiling, an updated eat-in kitchen with refreshed cabinetry, stainless steel appliances, breakfast bar seating, tile flooring, and a sunny breakfast nook. The spacious li ving room is anchored by a picturesque bay window framing sweeping year-round views of Junior Lake, while the primary suite offers a renovated ensuite bath, complemented by additional bedrooms and a second full bath. Designed as a legal apartment, the walkout lower level features two private entrances, a living room, bedroom, renovated full bath, and direct access to an expansive brand-new deck overlooking the backyard and sweeping year-round views of Junior Lake. The apartment was recently used to accommodate extended family, so the stove and refrigerator were removed, and the interior door separating the apartment from the main residence will need to be reinstalled to restore its original configuration. Existing kitchen cabinetry and plumbing remain in place, allowing the next owner to easily reinstall the appliances and door, returning the apartment to its original use. Outside, the property truly shines. Thoughtfully curated perennial gardens, colorful seasonal blooms, mature landscaping, and peaceful outdoor living spaces create a private retreat that's perfect for entertaining, dining al fresco, or simply relaxing while enjoying the tranquil surroundings. Recent improvements include a new septic tank, removal of the underground oil tank, energy-efficient ductless air conditioning on both levels, and a heat pump built into the home's HVAC system. Residents enjoy Lake Peekskill lake rights with swimming, fishing, kayaking, and non-motorized boating, along with easy access to Metro-North, the Taconic State Parkway, Route 6, shopping, dining, and the many outdoor recreational opportunities the Hudson Valley has to offer. Offering income potential, flexible living arrangements, exceptional outdoor living, sweeping year-round views of Junior Lake, and beautifully maintained gardens, this legal two-family presents a rare opportunity to enjoy the best of Hudson Valley living while building long-term value.

Property Details

Property Type : Residential Income

Price : $689,000

AD Id : 88310936

MLS Id : 1028933

Beds : 4

Lot Size : 0.62 Acre

Year Built : 1945

County : Putnam

Open House

07/26 12 PM-2 PM

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Basement: Crawl Space, Finished, Full
Flooring Information

Carpet, Combination, Laminate, Tile, Vinyl
Interior Features

Breakfast Bar, Ceiling Fan(s), Chandelier, Eat-in Kitchen, In-Law Floorplan, Recessed Lighting, Smart Thermostat, Storage Appliances: Dishwasher, Refrigerator
Heating & Cooling

Has Heating: Yes Heating: Heat Pump, Oil Has Cooling: Yes Cooling: Central Air, Ductless

Building Information

Year Built: 1945 Building Area Total: 2502 Construction Materials: Frame Patio And Porch Features: Deck, Patio Private Pool: No Water front Features: Pond, Waterfront Access View: Lake, Mountain(s), Neighborhood, Trees/Woods, Water
Exterior Features

Exterior Features: Garden

Lot Information

Lot Size Acres: 0.6187 Lot Size Square Feet: 26950

Listing Price Information

Listing Price: $689000

Tax Information

Parcel Number: 372800-091-025-0001-013-000-0000 Annual Tax: $13173

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 6 Driveway

School Information

Elementary School: Putnam Valley Elementary School

Junior High School: Putnam Valley Middle School

Senior High School: Putnam Valley High School
Utility Information

Cable Connected, Electricity Connected
Location Information

WaterSource: Private, Well

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
361 Lake Drive, Lake Peekskill, NY, 10537	$649,900	4	2	--

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 07/25/2026 @ 13:00

MLS: 1028933 LISTED BY: Sherri Malone, Coldwell Banker Realty 914-277-5000 SOURCE: OneKey MLS

18 Sylvan Road

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